Spain hits the record high unemployment rate

Note: This section contains information in English only.
Source: Reuters
On Friday, Spain's unemployment rate climbed to 24.6% from 24.4% in the first quarter as reported by the National Statistic Institute. The number of jobless Spaniards increased to 5.7 million, showing the record level since mid-1970s. The government announced it doesn't expect the rate to tumble below 22% until 2015 least.
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Fri, 27 Jul 2012 11:39:40 GMT

Pound shows two-year high against the Dollar

On Friday, the U.K. currency rose versus most of its major counterparts on the optimistic promise of the ECB President, increasing demand for riskier assets. The Sterling gained 1.2% to $1.5690, after having a 1.5% rise, the highest since Dec. 31, 2010. The Pound advanced 0.1% to 78.38 per Euro.

Fri, 27 Jul 2012 11:17:40 GMT

Gold gains on Draghi's talk

On Friday, spot gold rose 0.3% to $1,620.15 per ounce, after reaching the month high of $1,622 yesterday. ECB President's promise about preserving the Euro boosted bullion 2.2%  to the weeks high. December-delivery bullion gained 0.3% to $1,623.80 per ounce in New York.

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